MAGICMARK

LTC, would you make up your mind? PLEASE?

COINBASE:LTCUSD   Litecoin
In 2 days we have a halving. Although prior LTC halvings have not produced all time highs ... they have spurred a local rally. This one seems to have fizzled out prematurely. But you have to ask, what was with all that volume several weeks ago that resulting in a 40% inter-day increase??? That is a lot of money, and what was the strategy there?

I've identified a possible channel for the bullish scenario, and how a break to the bottom leads to a correction for LTC following the halving ... let's see. I hope there is still life in LTC.

Not trading or investment advice. Trade at your own risk.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.